H.R.5028 - Right to Rent Act of 2010111th Congress (2009-2010)
|Sponsor:||Rep. Grijalva, Raul M. [D-AZ-7] (Introduced 04/15/2010)|
|Committees:||House - Financial Services|
|Latest Action:||04/15/2010 Referred to the House Committee on Financial Services.|
This bill has the status Introduced
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Subject — Policy Area:
- Housing and Community Development
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Summary: H.R.5028 — 111th Congress (2009-2010)All Bill Information (Except Text)
Introduced in House (04/15/2010)
Right to Rent Act of 2010 - Grants eligible mortgagors subject to foreclosure proceedings the right to continue to occupy foreclosed properties subject to the payment of fair market rent for a period of five years that begins upon the commencement of occupancy of such property.
Instructs the Secretary of Housing and Urban Development to: (1) monitor compliance with this Act; (2) provide assistance to eligible mortgagors in exercising their rights under this Act; and (3) conduct outreach activities to inform eligible mortgagors of this Act.